KPMG LLP has admitted 160 new partners for 2004, up nearly 40 percent over the 115 new partners the firm admitted last year.

"This larger class of new audit, risk advisory, and tax partners reflects not only the continued growth that KPMG has experienced - particularly in our audit and risk advisory services business - but also the firm's emphasis on continuously improving audit quality," said Eugene O'Kelly, chairman and chief executive officer of KPMG LLP.

The bulk of the new partners are in audit and risk advisory services (128), while 23 are in tax services and nine work in client service support.

KPMG reported gross revenue of $3.79 billion and 1,622 partners for fiscal 2003.

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